Description

BSE notifies part redemption and interest payment for two series of PAHAL FINANCIAL SERVICES debentures with record date February 12, 2026 and reduced face values effective from the same date.

Summary

BSE has issued a notice regarding part redemption of non-convertible debentures issued by PAHAL FINANCIAL SERVICES PRIVATE LIMITED. Two series of debentures will undergo part redemption with interest payment, with a record date of February 12, 2026. Trading in these debentures will continue with reduced face values effective from the record date.

Key Points

  • Two debenture series affected: PFSPL-14%-31-3-26-PVT (ISIN: INE514Q07338, Code: 975517) and PFSPL-14%-30-4-26-PVT (ISIN: INE514Q07346, Code: 975642)
  • Record date fixed for February 12, 2026 for both interest payment and part redemption
  • First debenture series will have reduced face value of Rs. 4,166.82 per debenture
  • Second debenture series will have reduced face value of Rs. 8,333.48 per debenture
  • Reduced face values effective from February 12, 2026 under settlement DR-819/2025-2026
  • Trading members informed to note the reduced face value for trading purposes

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice for part redemption of debentures as per existing debt market regulations.

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face values effective February 12, 2026
  • All trading in the affected debentures from the effective date must be conducted at the reduced face values
  • Members should ensure proper settlement processing under DR-819/2025-2026

Important Dates

  • Notice Date: February 02, 2026
  • Record Date: February 12, 2026 (for interest payment and part redemption eligibility)
  • Effective Date of Reduced Face Value: February 12, 2026
  • Settlement Number: DR-819/2025-2026

Impact Assessment

Market Impact: Low - This affects only holders of specific privately placed debentures of PAHAL FINANCIAL SERVICES PRIVATE LIMITED. The part redemption is a scheduled corporate action that returns capital to debenture holders while maintaining the securities in circulation at reduced face values.

Operational Impact: Minimal - Trading members need to update face values in their systems for the two affected debenture series. The securities will continue trading with reduced face values, requiring system adjustments but no trading disruption.

Investor Impact: Positive for debenture holders who will receive part redemption proceeds along with interest payment on the record date, while retaining exposure to the remaining principal amount at reduced face values.

Impact Justification

Routine part redemption of privately placed debentures affecting limited market participants with specific holdings in PAHAL FINANCIAL SERVICES debt securities.